3802 Carpenter StreetMount VernonWA98274
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Mount Vernon at 3802 Carpenter Street, Mount Vernon, WA, 98274 listed at $889,000 pairs $3,016/mo rent with a $4,351/mo payment. Total monthly income runs $3,016/mo. Return on cash invested measures 10.51% in year one, and rental yield registers 4.07% at a $889,000 basis. Equity gained on principal adds $5,737/yr, and annual property appreciation at 5% supports $245,614 by year five. Five-year ROI tracks 52.18% and total cumulative return in cash totals $152,618. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,016/mo property income relative to a $4,351/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98274, Mount Vernon, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,287 (100%) |
| Owner Occupied HU | 5,848 (70.6%) |
| Renter Occupied HU | 1,556 (18.8%) |
| Vacant Housing Units | 883 (10.7%) |
| Median Home Value | $610,092 |
| Average Home Value | $639,892 |
Housing Distribution
Address Breakdown
Residential
7,506
Single Family
7,159
Multi-Family
347
Businesses
171
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Listed by: Aimee E. Anthony • Real Estate 2000 Inc.
Mls Name: NWMLS
Mls ID: #2335093